CAPEX Excellence: Optimizing Fixed Asset Investments

Hansen, Hauke; Huhn, Wolfgang; Legrand, Olivier; Steiners, Daniel; Vahlenkamp, Thomas

ISBN 10: 0470779675 ISBN 13: 9780470779675
Verlag: Wiley, 2009
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Much of current management literature focuses on a limited set of 'classical' value levers, such as cost reduction, sales optimization or mergers & acquisitions, thus neglecting another core value lever: capital investments. That capital investments receive such limited attention is all the more surprising when one considers how vitally important they are to the economy as a whole as well as individual businesses.

There is significant value-creation potential in optimizing capital investments. Investments not only determine the asset structure of a venture. They also enable the introduction of new products structural cost reductions. The book focuses on core questions to be answered in the critical design and realization phase of new investments:

  • Right positioning – does the competitive situation allow the investment to be successful
  • Right technology – how to optimize timing and risks of technology innovations
  • Right timing – how to cope with economic cycles
  • Right size – how to identify the optimum size of an asset
  • Right location – how to find the best location for an asset
  • Right design – how to make investments lean and flexible
  • Right financing – how to structure the investment financing

The book features an introductory section that provides an overview of investments across the globe, across industries and across time provides practical advice on how to allocate capital to several projects within a company’s investment portfolio.

Optimising Fixed Asset Investment is illustrated with real world examples from a range of industries. This book is essential reading for managers faced with challenges of making individual or portfolio capital investment decisions and who are responsible for managing these capital assets over their entire asset lifecycle. The ideas put forward within the book will help to sharpen the focus of management on the impact capital investments have on the well-being and growth of their companies.

Optimizing Fixed Asset Investments is a strategic manual for everyone involved or interested in large fixed-capital investments.

Über die Autorin bzw. den Autor:

HAUKE HANSEN works as a production manager for ASML in Veldhoven (NL). Prior to his current job he was an Associate Principal in McKinsey’s Düsseldorf office. He served high-tech, logistics and telecom companies and supported several multi-billion dollar investment projects. He holds a PhD in physics from the University of Konstanz and was a Fulbright-scholar at the California Institute of Technology.

WOLFGANG HUHN is a Director in McKinsey’s Frankfurt office. He primarily serves clients in the high tech industry as well as in energy. Wolfgang is a member of the Business Technology Office where he leads the industrial sector in Europe. He also leads the European Product Development Practice. Prior to joining McKinsey, Wolfgang studied electrical engineering and physics in Aachen and UK and obtained his PhD in Physics from the RWTH Aachen. From 1998 to 2000, Wolfgang was the CEO of a VC-backed company.

OLIVIER LEGRAND is a principal in McKinsey’s Paris office. He serves clients in the transportation, steel and aluminum industries as well as in consumer goods and energy. Olivier co-leads McKinsey’s global capital productivity group. He holds an MBA from Stanford Business School.

DANIEL STEINERS is an Associate Principal in McKinsey’s Düsseldorf office. He serves clients in electric power and chemicals across Europe and North America and is a co-leader of McKinsey’s European capital productivity group. Daniel received a diploma in business administration from Münster University and a PhD in management accounting from the European Business School in Oestrich-Winkel.

THOMAS VAHLENKAMP is a Director in McKinsey’s Düsseldorf office. He serves clients in the coal, oil, gas, power, and chemicals as well as transportation industries. Thomas is the sector leader of the Energy and Materials Practice in Germany and a member of the leadership group of the European Electric Power and Natural Gas Practice. His educational background is in polymer chemistry. He holds a degree from the Technical University of Aachen (RWTH) and a doctorate from the Max Planck Institute for Polymer Research.

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Titel: CAPEX Excellence: Optimizing Fixed Asset ...
Verlag: Wiley
Erscheinungsdatum: 2009
Einband: Hardcover
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Hardcover. Zustand: Très bon. Ancien livre de bibliothèque avec équipements. Edition 2009. Ammareal reverse jusqu'à 15% du prix net de cet article à des organisations caritatives. ENGLISH DESCRIPTION Book Condition: Used, Very good. Former library book. Edition 2009. Ammareal gives back up to 15% of this item's net price to charity organizations. Artikel-Nr. H-527-981

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Huhn Wolfgang Vahlenkamp Thomas Legrand Olivier Hansen Hauke Steiners Daniel
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Buch. Zustand: Neu. Neuware - Much of current management literature focuses on a limited set of 'classical' value levers, such as cost reduction, sales optimization or mergers & acquisitions, thus neglecting another core value lever: capital investments. That capital investments receive such limited attention is all the more surprising when one considers how vitally important they are to the economy as a whole as well as individual businesses. Artikel-Nr. 9780470779675

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Zustand: New. Focusing on the core value levers companies can apply in the decision and design phase of capital investments, this book is the first to cover this topic in a holistic, practical, and strategic manner, and is based on McKinsey's extensive industry analysis and research. Num Pages: 232 pages, Illustrations. BIC Classification: KFFM. Category: (P) Professional & Vocational. Dimension: 250 x 175 x 24. Weight in Grams: 562. . 2009. 1st Edition. Hardcover. . . . . Books ship from the US and Ireland. Artikel-Nr. V9780470779675

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